So who hold the diamonds physically and any token can redeem this to get real diamonds or not?
I didn't find any information about dev please share this important details who is behind this?
1) Diamonds will be stored in vaults in Freeport location.
2) Minimum number of tokens to redeem is set to 400. This amount can be redeemed for 0.4 ct diamond. Diamonds purchased and stored will be from 0.4 to 1.5 cts. Those are most in demand and therefore will have better liquidity for investors.
3) Information about dev is available in the whitepaper. Team consists of blockchain and website developers, as well as diamond industry professionals. Project will be overseen, advised by Lucid Rocks limited (retailer/wholesaler of polished diamonds). Lucid Rocks Limited will also handle diamond purchase, storage and management in the future.